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Ronald Trunk is single and independently wealthy. In 2018, Ronalds investment income is $110,000 (all interest) and his adjusted gross income is $380,000. He has
Ronald Trunk is single and independently wealthy. In 2018, Ronalds investment income is $110,000 (all interest) and his adjusted gross income is $380,000. He has no investment expenses associated with this income, no foreign earnings exclusion, and lives where there is no state income tax. Complete Form 8960 to calculate Ronald's 2018 net investment income tax. Enter all amounts as positive numbers.
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